Re:Zynga to employees: Give back our stock or you'll be fired
by sabat on Friday November 11, 2011 @12:59AM
(#3223599)
I don't think that Groupon execs are widely perceived as crooks, whereas Zynga's ones are more than hard to defend here.
Actually, Groupon's execs are widely perceived as crooks.
Re:Zynga to employees: Give back our stock or you'll be fired
by Kavan on Friday November 11, 2011 @02:33AM
(#3223792)
From my perspective, and I think it is inline with consensus, Andrew Mason is quirky and different, but is not a crook. He handled the Japanese new year issues pretty well last year. http://techcrunch.com/2011/01/17/groupon-ceo-andrew-mason-so...
Their sales teams are apparently very aggressive but that doesn't make them crooks.
Moreover, Zynga execs' move was likely intended to increase the total worth of their shares; if they manage to claw 20% more shares, but destroy 30% of each share's value, they've hurt themselves even in the short term (figures made up for illustration, obviously).